Well mate, their cash flow from Operating Activities last quarter was negative $1.5m (i.e. a loss). So if cash flow increases this quarter it will probably only produce a slightly smaller loss.
Last quarter Range also benefited from a placement that yielded $1.2m, which helped a lot when it came to keeping the company afloat. Now please correct me if I'm wrong, but there has been no placement this quarter so it's hard to see why the overall financial results should not be worse.
- Forums
- ASX - By Stock
- RRS
- Ann: Convertible Note Interest Payment
Ann: Convertible Note Interest Payment, page-5
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin